Sections

Mets auction off AIG Shea ad sign

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How much for the memories of two notable 2008 failures? As of Tuesday afternoon, it is $1,420, if you ask the New York Mets.

AIG was taken over by the Federal Reserve last month after its financial products division, heavily invested in the mortgageāˆ’backed securities market and losing billions as the market slumped, threatened to drop the company into bankruptcy.

A few items are currently going for more than the AIG panel: A mounted photo of Jerry Koosman and Jerry Grote embracing during the triumphant 1969 World Series was bidding at $1,750, while the letter “S” from the “Shea Stadium” sign on the exterior was currently at $2,500.

The most hotly contested item up for auction appeared to be a menu board from a Midtown Express snack bar, which advertises $4.75 hot dogs and $8 beers. A user called onlinedan@earthlink.net was in the lead with a bid of $750 after he and three other people bid 20 times for the item, which opened at $120.

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